# 111 E BONITA Way, Tempe, AZ 85281

> **TL;DR:** 5bd/3ba residential multi family, $850,000, built 1951.
> A/C. Est. $4,546/mo. Listed 76 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $850,000 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Year Built | 1951 |
| Property Type | Residential Multi Family (Other) |
| Status | Active Under Contract |
| Days on Market | 76 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,298 |
| Estimated Insurance | $248 |
| **Total** | **$4,546** |

## Nearby Schools

- **Elementary:** Broadmor Elementary School
- **Middle:** Connolly Middle School
- **High:** Tempe High School

## Key Amenities

- A/C

## Property Highlights

- Built in 1951

## Description

### Agent Description
Premier ASU Investment Opportunity -- renovated main house + detached ADU in process! Rare 11,000+ sqft lot minutes from Arizona State University. Ideal as a high-demand student rental, owner-occupied investment, or long-term hold. Move-in-ready 4BD/2BA main house w/ fresh paint & new flooring. New detached 1BD/1BA guest house--private entrance, full kitchen, stacked laundry--currently in process. Upgraded primary bath also underway. Projected combined rents $4,850-$5,450/mo; plans, timeline & rent analysis available on request. No HOA, detached garage + 6 spaces. Renderings depict completed construction. Cash & renovation-friendly financing welcome.

## Location

- **Address:** 111 E BONITA Way, Tempe, AZ 85281
- **County:** Maricopa
- **Neighborhood:** UNIVERSITY ESTATES
- **Coordinates:** 33.408233, -111.937573
- **Google Maps:** https://www.google.com/maps?q=33.408233,-111.937573

## Listing Agent

- **Name:** Brian J Cunningham
- **Brokerage:** eXp Realty
- **Broker Phone:** (888) 897-7821
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/111-E-Bonita-Way_Tempe_AZ_85281_M16338-74795?f=listhub&s=ARMLSAZ&m=7067136&c=propsimple)

## Photos

![111 E BONITA Way - Photo 1](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f3212839798r.jpg)

![111 E BONITA Way - Photo 2](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f1194519510r.jpg)

![111 E BONITA Way - Photo 3](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f1833775116r.jpg)

![111 E BONITA Way - Photo 4](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f4146794117r.jpg)

![111 E BONITA Way - Photo 5](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f390270522r.jpg)

![111 E BONITA Way - Photo 6](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f898567798r.jpg)

![111 E BONITA Way - Photo 7](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f554964312r.jpg)

![111 E BONITA Way - Photo 8](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f1980713252r.jpg)

![111 E BONITA Way - Photo 9](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f2937243785r.jpg)

![111 E BONITA Way - Photo 10](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f741380634r.jpg)

![111 E BONITA Way - Photo 11](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f2371024191r.jpg)

![111 E BONITA Way - Photo 12](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f2617754002r.jpg)

![111 E BONITA Way - Photo 13](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f4112287017r.jpg)

![111 E BONITA Way - Photo 14](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f3320444743r.jpg)

![111 E BONITA Way - Photo 15](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f1389603534r.jpg)

![111 E BONITA Way - Photo 16](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f1767364751r.jpg)

![111 E BONITA Way - Photo 17](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f3268938925r.jpg)

![111 E BONITA Way - Photo 18](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f63206316r.jpg)

![111 E BONITA Way - Photo 19](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f712976575r.jpg)

![111 E BONITA Way - Photo 20](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f984357981r.jpg)

![111 E BONITA Way - Photo 21](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f3987069642r.jpg)

![111 E BONITA Way - Photo 22](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f1041834270r.jpg)

![111 E BONITA Way - Photo 23](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f525623421r.jpg)

![111 E BONITA Way - Photo 24](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f2799986407r.jpg)

![111 E BONITA Way - Photo 25](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f1236686623r.jpg)

![111 E BONITA Way - Photo 26](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f2821042526r.jpg)

![111 E BONITA Way - Photo 27](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f267501515r.jpg)

![111 E BONITA Way - Photo 28](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f1365546543r.jpg)

![111 E BONITA Way - Photo 29](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f2148399641r.jpg)

![111 E BONITA Way - Photo 30](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f2988154005r.jpg)

![111 E BONITA Way - Photo 31](http://lh.rdcpix.com/c5525439665f814e154264a2a07a33f2l-f729320740r.jpg)

---

**MLS#:** 7067136 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/111-e-bonita-way-tempe-az-85281-0856836b05ef4beb9079307dcb960db8)

---

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